The €650m deal involved moving assets from Recovery Fund 2008, which counted Teachers' Retirement System of Louisiana as an investor, into a new vehicle managed by the mezzanine firm.
2 min read · 29 June 2017
Despite the recovery of M&A deal value over the last six months, the lack of activity in the mid-market is a negative for private debt providers.
1 min read · 29 June 2017
The deal adds yet another portfolio company to Dyal’s growing list of investments in alternative asset managers.
2 min read · 28 June 2017
The vehicle has been opened to investors from the firm’s distressed debt hedge fund, which was shuttered earlier this year.
2 min read · 27 June 2017
Moody’s expects the majority of this outstanding debt to be refinanced with most sectors generating positive free cash flows.
2 min read · 27 June 2017
The firm has refinanced a loan backed by four real estate assets. The investments are billed as diversifiers within the firm’s loan portfolio.
1 min read · 27 June 2017
The firm has provided a refinancing package to UK-based software firm Causeway.
1 min read · 26 June 2017
In the face of volatility produced by political sentiment, currency hedging is centre stage as GPs seek to eliminate risk and protect returns.
2 min read · 26 June 2017
UC Regents and Goldman Sachs BDC started a similar joint venture in 2014.
2 min read · 23 June 2017
A new report shows borrowers pushing back against lenders’ ability to transfer their loans, even in default scenarios.
2 min read · 23 June 2017
